Reuters - Iran will not compensate Ukraine International Airlines for its plane Tehran accidentally downed in January because the passenger jet was insured by European firms, the head of Irans Central Insurance Organisation said on Monday. The Ukrainian plane is insured by European companies in Ukraine and not by Iranian (insurance) companies, said ...

Press TV - Irans main insurance agency says compensations that should be paid over a recent plane crash near the capital Tehran which was caused by human error in the countrys defense system could amount to $150 million. Gholamreza Soleimani, who serves as the president of the Central Insurance of Iran, said on Monday that Iran would show a good ...

Financial Tribune - The insurance industry's profit amounted to 45 trillion rials ($346 million) in the current fiscal year (started March 2019), president of the Central Insurance company of Iran said, adding that agents and brokers had a big share of the gains. "Sales (by agents) accounted for nearly 30 trillion rials ($230 million). We need to ...

Tehran Times - Irans Planning and Budget Organization (PBO) inked a memorandum of understanding with Imam Khomeini Relief Foundation and the Organization for Mobilization of the Oppressed for construction of 20,000 photovoltaic power stations (known as PV systems) across the country. As reported by IRNA, the MOU was signed on Saturday in a ceremony ...

Press TV - Head of Irans regulatory body for the insurance sector says total premiums collected by insurers in the country would exceed 5.2 billion until late March 2019, when the current Iranian calendar year ends. Gholamreza Soleimani, who serves as the chief executive of the Central Insurance of Iran, said on Wednesday that premiums collected ...

MNA Islamic Republic of Iran stood at the first rank among regional countries in terms of insurance penetration index. Central Insurance of Iran (CII) Chief Gholamreza Soleimani made the above remarks on Saturday and added, in spite of gap of insurance penetration rate of the country with the global standards, Islamic Republic of Iran stood at ...

MNA Islamic Revolution Leader Ayatollah Seyyed Ali Khamenei has appointed the new Deputy Chief of Staff of the Iranian Armed Forces as well as the new commander of Basij. In separate decrees on Tuesday, Ayatollah Khamenei appointed Brigadier General Mohammad Reza Ashtiani as the Deputy Chief of Staff of the Iranian Armed Forces and Brigadier General ...

MNA International Exchange, Bank and Insurance Fair dubbed 'IRAN FINEX 2019' has kicked off at Tehran Permanent International Fairgrounds on Monday. The International Exchange, Bank and Insurance Fair (IRAN FINEX) is the most prestigious event concentrating on finance industries in Iran. It is the most important event in this field in the region ...

MNA Chief Executive of Maku Free Zone Organization (MFZO) Gholamreza Soleimani said on Saturday that Iran and Turkey will launch a joint industrial area. An area as vast as 700 ha has been considered for setting up this joint industrial area, he said, adding, talks are underway for launching this industrial area between concerned officials of the ...

MNA Head of Central Insurance of Iran (CII) Gholamreza Soleymani said that foreign companies have expressed their readiness to do reinsurance operations in Irans insurance industry. He made the above remark at 5th Insurance and Risk Management Conference this morning Jan. 20 and said, relationship of insurance companies with the risk management ...

Tasnim Director of the Central Insurance of Iran said the countrys insurance industry has successfully avoided being affected by the anti-Iran sanctions. Addressing a conference in Tehran on Tuesday, Gholamreza Soleimani said although the insurance industry was one of the first sectors targeted by the US sanctions against Tehran, the Central Insurance ...

IRNA A Chinese company will undergo feasibility study on construction of Jolfa-Maku railway in northwestern Iran, according to the managing-director of Maku Free Zone. Gholamreza Soleimani told the Islamic Republic News Agency's correspondent on Monday that CRFG Company signaled readiness for the study after meeting with managers of Maku and Aras ...

Financial Tribune- The number of tourists who stayed in Lorestan Province and visited its tourist attractions has witnessed a noticeable increase during the first five months of the current Iranian year (started March 21). According to Gholamreza Soleimani, the head of the provincial office of Irans Cultural Heritage, Handicrafts and Tourism Organization,...

SHANA - The Managing director of Ghadir Investment Company (GIC) says his company is currently in talks with 12 international companies on cooperation in upstream oil projects.   Speaking during the signing ceremony of a memorandum of understanding (MoU) on Wednesday with the National Iranian Oil Company (NIOC) for carrying out studies over ...